https://www.taxtmi.com/caselaws?id=104990 A prima facie case on the admissibility of Modvat credit transfer between the sugar and distillery divisions justified interim relief. The appellant argued that credit earned on molasses in the distillery division could be transferred to the sugar division for payment of duty on sugar under the relevant Modvat provisions and departmental clarification, while the Department objected on the basis of separate records and the applicable inter-unit transfer rule. On the materials placed, the Tribunal found the assessee had established a prima facie case and granted waiver of pre-deposit of duty and penalty. en-us Wed, 04 Sep 2002 00:00:00 +0530 Fri, 02 Mar 2012 10:45:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104990 A prima facie case on the admissibility of Modvat credit transfer between the sugar and distillery divisions justified interim relief. The appellant argued that credit earned on molasses in the distillery division could be transferred to the sugar division for payment of duty on sugar under the relevant Modvat provisions and departmental clarification, while the Department objected on the basis of separate records and the applicable inter-unit transfer rule. On the materials placed, the Tribunal found the assessee had established a prima facie case and granted waiver of pre-deposit of duty and penalty. Case-Laws Central Excise Wed, 04 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104990